The Census Bureau data, according to National Retail Federation chief economist Jack Kleinhenz, demonstrates retail sales grew solidly the past two months based on the capacity for U.S. households to spend and the strength of the economy. October core retail sales —...
Retail sales were solid in October based on consumer spending driven in part by year-to-date job and wage growth, according to the CNBC/NRF Retail Monitor report from the National Retail Federation. Total retail sales, excluding automobiles and gasoline, gained 0.74%...
Potential tariff increases from the forthcoming Trump Administration are combining with ongoing labor contention to affect activity at major container ports in the United States, which could drive import volumes higher than previously expected, according to the Global...
As the United States Federal Reserve dropped the prime interest rate by another quarter point, the National Retail Federation maintained economic progress, despite some mixed indicators, should continue to support holiday retail sales growth. On October 15, NRF...
Consumer spending on gifts, food, decorations and other seasonal items during the 2024 holiday season is likely to set a record of $902 per person, according to the National Retail Federation’s latest consumer survey conducted by Prosper Insights & Analytics. The...
